PFG Investments LLC Increases Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

PFG Investments LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 65.9% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 2,703 shares of the company’s stock after buying an additional 1,074 shares during the period. PFG Investments LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $444,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in QUAL. Baystate Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.2% during the fourth quarter. Baystate Wealth Management LLC now owns 169,324 shares of the company’s stock worth $24,914,000 after purchasing an additional 1,997 shares in the last quarter. Western Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 6.8% during the third quarter. Western Wealth Management LLC now owns 34,205 shares of the company’s stock worth $4,508,000 after purchasing an additional 2,163 shares in the last quarter. Millington Financial Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Millington Financial Advisors LLC now owns 19,461 shares of the company’s stock worth $2,863,000 after purchasing an additional 296 shares in the last quarter. Day & Ennis LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.2% during the fourth quarter. Day & Ennis LLC now owns 75,901 shares of the company’s stock worth $11,168,000 after purchasing an additional 898 shares in the last quarter. Finally, MA Private Wealth raised its holdings in iShares MSCI USA Quality Factor ETF by 50.6% during the fourth quarter. MA Private Wealth now owns 272,596 shares of the company’s stock worth $40,110,000 after purchasing an additional 91,571 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 1.3 %

BATS QUAL traded down $2.04 during trading hours on Tuesday, hitting $156.93. 1,171,438 shares of the stock were exchanged. The company has a market cap of $41.06 billion, a price-to-earnings ratio of 23.32 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The stock has a 50-day moving average of $161.01 and a 200 day moving average of $150.22.

iShares MSCI USA Quality Factor ETF Company Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector.